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Poster: srtg83 Date: October 29, 2009 08:24:33am
Forum: GratefulDead Subject: Re: thought for the day

Great Post Mando

If anyone is interested in reading more about these legalized ponzi schemes, I highly recommend a piece by Matt Taibbi in the October 15 issue of Rolling Stone titled "Wall Street's Naked Swindle" (p.50). It is a stunning description of a type of "short sale" called "naked shorts" that brought down Bear Stearns and Lehman Bros.

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